Wintermute buys PONS via TWAP strategy as holdings exceed $3 million

  • Wintermute is accumulating PONS through small purchases on Uniswap.
  • $3 million is the current value of Wintermute’s PONS holdings.
  • Arkham reported purchases while discussing possible market-making involvement.

Wintermute, a global digital-asset market maker, is accumulating PONS tokens through small purchases on Uniswap using a TWAP strategy, bringing its holdings above $3 million. Arkham monitoring cited by PANews on Sept. 5 said the activity suggests Wintermute may have taken on market-making duties for PONS, which would involve supplying liquidity to support trading in the token.

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